Table 1.
The regression result in Benchmark model.
Short-term component |
Long-term component |
|||
---|---|---|---|---|
Regression Val | Standard Dev | Regression Val | Standard Dev | |
Infection(-1) | 0.00071*** | 0.00011 | 0.00083*** | 0.00011 |
Infection(-2) | 0.00080*** | 0.00012 | 0.00087*** | 0.00012 |
Infection(-3) | 0.00090*** | 0.00012 | 0.00092*** | 0.00012 |
Infection(-4) | 0.00092*** | 0.00013 | 0.00097*** | 0.00012 |
Infection(-5) | 0.00096*** | 0.00013 | 0.0010*** | 0.00012 |
Infection(-6) | 0.0011*** | 0.00013 | 0.0011*** | 0.00013 |
Infection(-7) | 0.0012*** | 0.00014 | 0.0012*** | 0.00013 |
Infection(-8) | 0.0014*** | 0.00015 | 0.0013*** | 0.00014 |
Infection(-9) | 0.0015*** | 0.00015 | 0.0014*** | 0.00014 |
Infection(-10) | 0.0016*** | 0.00016 | 0.0015*** | 0.00015 |
Infection(-11) | 0.0018*** | 0.00017 | 0.0017*** | 0.00015 |
Infection(-12) | 0.0021*** | 0.00017 | 0.0019*** | 0.00016 |
Infection(-13) | 0.0024*** | 0.00018 | 0.0022*** | 0.00017 |
Infection(-14) | 0.0025*** | 0.00018 | 0.0026*** | 0.00017 |
BDI(-1) | 104.15*** | 16.84 | 115.73*** | 15.91 |
BDI(-2) | 106.43*** | 16.82 | 117.27*** | 15.89 |
BDI(-3) | 108.06*** | 16.80 | 118.81*** | 15.86 |
BDI(-4) | 109.35*** | 16.78 | 120.35*** | 15.84 |
BDI(-5) | 110.36*** | 16.77 | 121.89*** | 15.81 |
BDI(-6) | 111.65*** | 16.76 | 123.42*** | 15.79 |
BDI(-7) | 112.84*** | 16.74 | 124.96*** | 15.76 |
BDI(-8) | 113.40*** | 16.74 | 126.50*** | 15.74 |
BDI(-9) | 113.54*** | 16.74 | 128.04*** | 15.71 |
BDI(-10) | 113.25*** | 16.74 | 129.58*** | 15.68 |
BDI(-11) | 113.47*** | 16.74 | 131.12*** | 15.65 |
BDI(-12) | 113.93*** | 16.73 | 132.66*** | 15.63 |
BDI(-13) | 114.42*** | 16.73 | 134.21*** | 15.60 |
BDI(-14) | 115.10*** | 16.72 | 135.75*** | 15.57 |
Constant term | 1735.93*** | 69.74 | 1671.78*** | 69.29 |
R2 | 0.066 | 0.090 |
Note: * means rejections of null hypothesis at the 10% significance level, ** indicates rejections of null hypothesis at the 5% significance level, *** means rejections of null hypothesis at the 1% significance level.